HP Telecom India IPO Date, Review, Price, Allotment Details
Aditya | February 20, 2025
HP Telecom India IPO open date is February 20, 2025, and the IPO will close on February 24, 2025. HP Telecom India IPO is a Fixed Price Issue. The company aims to raise ₹34.23 crores via IPO, comprising a fresh issue of ₹34.23 crores. HP Telecom India IPO price is set at ₹108 per share. The retail quota is 50%, QIB is 0%, and HNI is 50%. HP Telecom India IPO is set to list on NSE on February 28, 2025. The allotment date is February 25, 2025. The company reported revenue of ₹1,079.77 crores in 2024, up from ₹638.47 crores in 2023. The company reported a profit of ₹8.6 crores in 2024, compared to ₹6.35 crores in 2023. Considering the financials, the IPO could be a good long-term investment opportunity.
HP Telecom India IPO Details
Field
Value
est listing
108 (0%)
gain percentage
6.53%
gmp
--
ipo size
₹34.23 Cr
ipo title
HP Telecom India NSE SME
price
108
status
Listed
subscription
1.91x
HP Telecom India IPO Dates
Field
Value
boa dt
25-Feb
close
24-Feb
listing
28-Feb
lot
1,200
open
20-Feb
HP Telecom India IPO Financial Report
The company reported revenue of ₹1,079.77 crores in 2024, compared to ₹638.47 crores in 2023. The company reported a profit of ₹8.6 crores in 2024, compared to ₹6.35 crores in 2023.
Financial Year
2022
2023
2024
September 2024
Revenue
₹292.55
₹638.47
₹1,079.77
₹594.19
Expense
₹289.81
₹630.00
₹1,068.17
₹587.17
Profit After Tax
₹2.13
₹6.35
₹8.60
₹5.24
Total Assets
₹46.06
₹93.55
₹281.48
₹258.97
About HP Telecom India IPO
HP Telecom India Limited, established in March 2011, provides mobile phones and accessories. In 2014-15, the company obtained exclusive distribution rights for Sony LED TVs, mobile phones, and other brands in Gujarat. The directors of HP Telecom India Limited include Vijay Lalsingh Yadav, Seemabahen Vijay Yadav, Bharatlal Lalsingh Singh, Dinesh Ram Nath Yadav, Chirag Jitendra Sheth, Hemant Ashwinkumar Jethwa, and Barkha Jain. During 2015-16, the company expanded its distribution portfolio by securing exclusive rights to distribute Jio products as the West Region Trade Partner for Gujarat. The company is exploring new product lines, including brands like Nokia, Micro Max, Intex, Gionee, and Karbonn Mobiles. As of 2024, the company has 7 permanent employees and 84 contract-based employees.
